In the fiercely competitive CEE market, with both international and local players, the client has become king. Neil Hodge reports
The market for legal services in Central and Eastern Europe (CEE) has developed over the past 10 years in two very distinct directions. Lawyers tend to agree that the big, international law firms that arrived shortly after these countries adopted free-market economies have become mainly confined to working on largescale financing projects and top-end M&A deals, while the growing size and number of locally-based firms take the rest of the work.
